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Established
2007
Location
Westborough, MA, US
Primary Industry
Pharmaceuticals
About
Aciex Therapeutics, Inc. is a biotechnology company that focuses on the development of innovative therapies, particularly in the ophthalmology sector, aiming to address various unmet medical needs in the field. Aciex Therapeutics was founded in 2007 in Westborough, US, and specializes in creating treatments for ocular diseases. In July 2014, the company was acquired by Nicox, reflecting a strategic expansion in their business operations.
The firm has completed a total of 6 deals to date, with its latest funding round being a Venture Debt round amounting to USD 1. 60 mn, contributing to a total fundraising of USD 8. 00 mn. Aciex Therapeutics primarily develops therapies targeting conditions in ophthalmology, focusing on providing innovative solutions for various eye diseases.
The company’s flagship products are positioned to meet the needs of healthcare providers and patients, emphasizing enhanced treatment efficacy and patient outcomes. Revenue generation for Aciex Therapeutics is based on its product offerings within the biotechnology sector, primarily through partnerships and licensing agreements with larger pharmaceutical companies. The revenue model is structured to allow for sustainable growth, leveraging the company’s proprietary technologies. Looking ahead, Aciex Therapeutics plans to expand its product pipeline by introducing new therapies targeted for release by 2025.
The company aims to enter new markets, particularly in Europe and Asia, to enhance its global footprint. The recent funding from the Venture Debt round will be utilized to support these product developments and market expansions, ensuring that Aciex remains competitive in the biotechnology landscape.
New Enterprise Associates, Bay City Capital, HealthCare Ventures
Pharmaceuticals
Pharmaceutical Research & Development
www.aciexrx.com
Acquired